3 Germonds Village #2NanuetNY10954
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Nanuet at 3 Germonds Village #2, Nanuet, NY, 10954 with 5% annual appreciation on a $295,900 basis while $2,700/mo rent supports operations. Total monthly income totals $2,700/mo and a $1,448/mo payment preserves $724/mo for cash returns. Annual cash flow comes to $8,692/yr on $98,091 deployed, and return on cash invested reaches 28.77% in year one. Equity gained on principal adds $1,909/yr, and five-year appreciation sums $81,752 alongside rental yield of 10.95%. Five-year ROI measures 151.03% and total cumulative return in cash totals $148,149.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,700/mo property income versus a $1,448/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10954, Nanuet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,711 (64.2%) |
| Renter Occupied HU | 2,789 (31.3%) |
| Vacant Housing Units | 401 ( 4.5%) |
| Median Home Value | $590,645 |
| Average Home Value | $599,916 |
Housing Distribution
Address Breakdown
Residential
8,682
Single Family
8,137
Multi-Family
545
Businesses
1,082
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